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The new data are at odds with previous predictions. Economists surveyed by Bloomberg forecast a 0.1% increase in GDP for May.

Governments are finding it more expensive to borrow, and Britain is in an unusually weak position. ormal British people don’t ...

The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a row, according to economists.

Rachel Reeves was widely expected to cut the amount of money you can add to a cash Isa per year from £20,000 to as low as ...

Economists have pencilled in more interest rate cuts from the Bank of England after fresh growth figures showed the economy ...

ECB Official Sets High Bar for Another Rate Cut; Waller Says Call for Lower Rates Isn't Political By Roshan Fernandez ...

The euro fell against the dollar and ING said an EU and U.S. trade deal was unlikely to have significant impact on the euro’s direction against the dollar, however, markets might make some short-term ...

The data is a blow to the chancellor and government, as they made growing the economy a number one priority. However, there ...

“Using the full tax-free allowance is more important than ever with reports that Rachel Reeves will announce a cut to the ...

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...

The U.K. economy unexpectedly contracted for a second consecutive month in May, a sharp reversal in fortune following a stronger-than-expected start to the year that makes it more likely the Bank of ...